Himalaya Shipping (NYSE: HSHP) CFO discloses 120,000 share options on Form 3

Rhea-AI Filing Summary

Himalaya Shipping Ltd. reported the initial equity holdings of contracted CFO Vidar Hasund on a Form 3. He holds share options giving the right to buy 100,000 common shares at an exercise price of $8.0000 per share, expiring on December 8, 2026, and 20,000 common shares at $7.5000 per share, expiring on March 31, 2030. A footnote explains that exercise prices are shown as of the grant date and are reduced by dividends or cash distributions declared after grant.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hasund Vidar

Role Contracted CFO

Type	Security	Shares	Price	Value
holding	Share options (right to buy)	--	--	--
holding	Share options (right to buy)	--	--	--

Holdings After Transaction: Share options (right to buy) — 100,000 shares (Direct)

Footnotes (1)

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Hasund Vidar

(Last) (First) (Middle)

2ND FLOOR, S E PEARMAN BUILDING

9 PAR-LA-VILLE ROAD

(Street)

HAMILTON D0 HM11

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
Himalaya Shipping Ltd. [ HSHP ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Contracted CFO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share options (right to buy)	12/09/2024	12/08/2026	Common Shares	100,000	$8(1)	D
Share options (right to buy)	04/01/2028	03/31/2030	Common Shares	20,000	$7.5(1)	D

Explanation of Responses:

1. Exercise price of share options shown on the form are as of the date of grant. Exercise price is reduced by dividends and/or cash distributions declared subsequent to the date of grant.

Remarks:

Exhibit 24 Power of Attorney

	/s/ Alfi Lao as attorney-in-fact for Vidar Hasund	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Himalaya Shipping (HSHP) Form 3 filing show for Vidar Hasund?

The Form 3 shows contracted CFO Vidar Hasund’s initial beneficial ownership in Himalaya Shipping via share options. It details option amounts, exercise prices, expiration dates, and how future dividends can reduce those exercise prices over time.

How many Himalaya Shipping (HSHP) shares can Vidar Hasund acquire through options?

Vidar Hasund holds options over 120,000 Himalaya Shipping common shares. These consist of 100,000 shares tied to one option grant and 20,000 shares tied to a second, each with its own exercise price and expiration schedule disclosed in the filing.

What are the exercise prices of Vidar Hasund’s HSHP share options?

The filing lists two exercise prices for Vidar Hasund’s options: $8.0000 per share on 100,000 underlying common shares and $7.5000 per share on 20,000 shares. These prices are stated as of grant and can be reduced by later dividends.

When do Vidar Hasund’s Himalaya Shipping (HSHP) options expire?

The Form 3 indicates two expiration dates. Options over 100,000 common shares expire on December 8, 2026, while options over 20,000 common shares expire on March 31, 2030. These dates define how long the options remain exercisable.

How do dividends affect Vidar Hasund’s HSHP option exercise prices?

A footnote explains that exercise prices are set as of the grant date but are reduced by any dividends or cash distributions declared afterward. This means future payouts to shareholders lower the effective exercise prices of Vidar Hasund’s share options over time.